Loan Officer Pre-approval Seller concession 
Housing Wire
JUNE 6, 2023
and home prices still near record highs, homebuyers are demanding that their loan officers provide options to lower monthly mortgage payments as much as possible. Especially when the seller is willing to give concessions, the buyer is able to get a credit for closing and contribute to buying down points. versus a 6.5%
Housing Wire
NOVEMBER 20, 2023
In order to survive, buyer agents will need to show this value to buyers and be willing to have clients pay a set fee or a pre-negotiated percentage of the sale price to secure the business. An originator can usually get a buyer into that home for less than $20,000 through a mixture of seller concessions and strategic financing.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
JULY 4, 2024
It may mean drilling down and familiarizing yourself, and your potential clients, with the ins and outs of credit repair, loan pre-qualification and pre-approval, and even basic personal finance and budgeting. Embracing change The future of the real estate market is inevitably different from the past.
Realty Biz
JANUARY 19, 2024
This documentation will be necessary when applying for a mortgage pre-approval. It's advisable to reach out to multiple lenders and obtain pre-approval. This will give you a better understanding of the loan amount you qualify for and the potential monthly payments. Next, examine your credit score and history.
Redfin
MARCH 3, 2022
It’s recommended to get pre-approved before house hunting to give yourself a realistic idea of how much home you can afford ; however, a mortgage pre-approval doesn’t guarantee that your loan application will be approved. Give your loan officer full disclosure from the start – tell us everything.
Expert insights. Personalized for you.
397 
Let's personalize your content